AVATAR 7

Global pandemics have a way of changing events in our lives. Some events are altogether cancelled. Some events are merely limited. And others become necessary routine.   This year’s AVATAR falls into the first category simply because each year it celebrates the people that help make our business successful.   People make the difference in the customer experience. And this year, we commend those that turned a series of unfortunate events into a series of…

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Forecast 2021

The building industry is finding itself on the precipice of a “boom shortage”. That is to say that a pent-up demand for remodeling, fueled by low interest rates and spending more time at home, will create a significant increase in home improvement projects this summer. At the same time, Covid-related sourcing, manufacturing and shipping restrictions will mean products will be in short supply. If lumber prices are any indication, the costs of remodeling in the…

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Profiting From the Bank

My wife and I have opened and closed a home equity line of credit a couple of times since buying our home in 2003 for improvements and short-term funding of our businesses. Overall, the 5% rate is decent in comparison to the average 10% increase in annual equity, but what if we could improve the rate of return from money borrowed? If the Fed maintains low interest rates, the advantage is ours. A few months…

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